Buffalo Coal (CVE:BUF) Share Price Passes Below 50-Day Moving Average of $0.01

Buffalo Coal Corp. (CVE:BUFGet Rating)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.01 and traded as low as C$0.01. Buffalo Coal shares last traded at C$0.01, with a volume of 26,000 shares changing hands.

Buffalo Coal Stock Performance

The business’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The stock has a market capitalization of C$7.37 million, a price-to-earnings ratio of -3.33 and a beta of 0.58.

About Buffalo Coal

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Buffalo Coal Corp., together with its subsidiaries, operates as a coal mining company in South Africa. It primarily focuses on the Aviemore anthracite mine covering an area of approximately 5,513 hectares and Magdalena mine covering an area of approximately 1,844 hectares located in the Kwa-Zulu, Natal Province of South Africa.

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